Thursday, May, 23, 2019 12:58:41

Category: Business

NEC Corporation acquires the largest Danish IT company KMD Holding

The takeover is expected to fast-track the NEC’s global safety business. The buyout may attain closure by February 2019. Japanese multinational giant NEC Corporation has reportedly acquired the largest Danish IT firm, KMD Holding ApS, from one of the world’s most experienced private equity investors, …

Mondelez & Kraft Heinz chip in at Campbell’s international auction

Campbell Soup may fetch close to US$ 3 billion for its overseas business.  Campbell Soup had earlier declared the plausible divesture of its international portfolio. The U.S.-based food companies Mondelez International Inc., and Kraft Heinz Co., have recently made it to the headlines for having …

Serko buys US software firm InterplX to boost North America expansion

Serko has recently confirmed the acquisition of InterplX, a U.S.-based developer of business expense management software, as the New Zealand firm looks to branch into complementary businesses as well as accelerate its expansion in North America. Allegedly, Serko will be paying US$2.5 million for InterplX …